Returning Entrepreneurs
Bring India a Bit of California

By

Far Eastern Economic Review Reporters

Dan Biers in Los Angeles and Sadanand Dhume in Bangalore

Updated Nov. 1, 2000 10:25 a.m. ET

POWERED BY a diaspora brimming with wealth and entrepreneurial spirit, China long ago left India behind on the road from socialist basket case to economic power. But that gap isn't quite as wide these days, and a resurgent overseas Indian community helps explain why.

Indians who have made it in Silicon Valley in the past few years suddenly are bringing valuable expertise, cash and contacts back to the motherland. Their rags-to-riches...